InvestorsHub Logo
Followers 0
Posts 330
Boards Moderated 0
Alias Born 01/30/2011

Re: LODE MAKING ME RICH post# 18192

Tuesday, 06/19/2012 12:42:40 PM

Tuesday, June 19, 2012 12:42:40 PM

Post# of 24231
A junior mining stock rises the most on speculation (anticipation of resource numbers) during intial exploration and drilling phases ...

Unfortunately, this stock has seen it's biggest run up (back between Sept 2007 to Jul of 2008).


The cost of processing will not be profitible because the cost to produce is too expensive due to many issues including depth of mineralization, cost overruns and (the most glaring issue ) convertible debt!

IMO the cost of recovery is too expensive and this company will never see black ink!

JMHO...... I have invested in enough JR miners long enough to know that this and other JR miners like it, (who go from exploration status to attempting PM production) more often than not fall flat on their face.



GLTY
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LODE News